You are an intern with Washington state's Office of Financial Management. One of their current projects is how food stamp program participation affects the state budget. Food stamps, now officially called Supplemental Nutrition Assistance Program (SNAP), are 100% funded by the federal government, but the state has to pay 50% of the administrative costs and recipients' school-age children automatically qualify for free school lunch program and free school breakfast. As part of the project, your boss asks you to look at how unemployment affects the use of the food stamp program (FSP). You have found yearly data on states' food stamp program participation and unemployment from 1988 to 2007. To help you, your boss has outlined the steps you need to go through.

Q7)Say that our null hypothesis is that the effect of unemployment on food stamp participation is equal to zero and that the alternative hypothesis is that it is not equal to zero. Using a significance level of 5% we [ Select ] ["cannot", "can"] reject the null hypothesis because the [ Select ] ["estimate", "Pr(>|t|)", "t value", "standard error"] is [ Select ] ["greater than", "equal to", "less than"] [ Select ] ["5.0", "50", "0.5", "0.05"] .

Q8)We want to know what the predicted percent participation in the food stamp program for a state with 8% unemployment. Using your regression results which of the numbers below do you think is the predicted percent participation. You *can* use R but it is probably faster to just calculate the number using your calculator. If you are using R, this is how you call a coefficient:

coef(modelName)["coefficientName"]

The coefficientName is exactly as it is written in the summary.

Group of answer choices

1.004%

11.83%

10.04%

0.1183%

Q9)The R-squared for your regression model is [ Select ] ["0.0577", "470.8", "0.0263", "0.3161"] . This means that the variation in [ Select ] ["unemployment", "SNAP participation"] explain [ Select ] ["31.5", "1.8", "21.7", "5.7"] percent of the variation in [ Select ] ["unemployment", "SNAP participation"] .

Source

https://docs.google.com/spreadsheets/d/1XzbqOpasgxqHZlViPlO-SnpSfEwTMM6B/edit?usp=sharing&ouid=112256274931170174923&rtpof=true&sd=true